Over the past 10 years, Ray Dalio returned 113.9% compared to 253.6% for the S&P 500 — underperformed the S&P 500 by 139.7%.
32.6%
S&P 500: 15.3%
89.7%
S&P 500: 79.1%
65.9%
S&P 500: 72.3%
113.9%
S&P 500: 253.6%